-
Kenya's economy faces climate change risks: World Bank
-
Moscow records heaviest snowfall in over 200 years
-
Polar bears bulk up despite melting Norwegian Arctic: study
-
Waymo gears up to launch robotaxis in London this year
-
French IT group Capgemini under fire over ICE links
-
Czechs wind up black coal mining in green energy switch
-
EU eyes migration clampdown with push on deportations, visas
-
Northern Mozambique: massive gas potential in an insurgency zone
-
Gold demand hits record high on Trump policy doubts: industry
-
UK drugs giant AstraZeneca announces $15 bn investment in China
-
Ghana moves to rewrite mining laws for bigger share of gold revenues
-
Russia's sanctioned oil firm Lukoil to sell foreign assets to Carlyle
-
Gold soars towards $5,600 as Trump rattles sabre over Iran
-
Deutsche Bank logs record profits, as new probe casts shadow
-
Vietnam and EU upgrade ties as EU chief visits Hanoi
-
Hongkongers snap up silver as gold becomes 'too expensive'
-
Gold soars past $5,500 as Trump sabre rattles over Iran
-
Samsung logs best-ever profit on AI chip demand
-
China's ambassador warns Australia on buyback of key port
-
As US tensions churn, new generation of protest singers meet the moment
-
Venezuelans eye economic revival with hoped-for oil resurgence
-
Samsung Electronics posts record profit on AI demand
-
Formerra to Supply Foster Medical Compounds in Europe
-
French Senate adopts bill to return colonial-era art
-
Tesla profits tumble on lower EV sales, AI spending surge
-
Meta shares jump on strong earnings report
-
Anti-immigration protesters force climbdown in Sundance documentary
-
Springsteen releases fiery ode to Minneapolis shooting victims
-
SpaceX eyes IPO timed to planet alignment and Musk birthday: report
-
Neil Young gifts music to Greenland residents for stress relief
-
Fear in Sicilian town as vast landslide risks widening
-
King Charles III warns world 'going backwards' in climate fight
-
Court orders Dutch to protect Caribbean island from climate change
-
Rules-based trade with US is 'over': Canada central bank head
-
Holocaust survivor urges German MPs to tackle resurgent antisemitism
-
'Extraordinary' trove of ancient species found in China quarry
-
Google unveils AI tool probing mysteries of human genome
-
UK proposes to let websites refuse Google AI search
-
Trump says 'time running out' as Iran threatens tough response
-
Germany cuts growth forecast as recovery slower than hoped
-
Amazon to cut 16,000 jobs worldwide
-
Greenland dispute is 'wake-up call' for Europe: Macron
-
Dollar halts descent, gold keeps climbing before Fed update
-
Sweden plans to ban mobile phones in schools
-
Deutsche Bank offices searched in money laundering probe
-
Susan Sarandon to be honoured at Spain's top film awards
-
Trump says 'time running out' as Iran rejects talks amid 'threats'
-
Spain eyes full service on train tragedy line in 10 days
-
Greenland dispute 'strategic wake-up call for all of Europe,' says Macron
-
SKorean chip giant SK hynix posts record operating profit for 2025
Developing countries left 'disappointed' at climate talks
Developing countries voiced "disappointment" as climate talks in Germany ended Thursday with frustrations flaring over a lack of momentum on helping vulnerable nations cope with the impacts of warming.
With world attention drawn towards other challenges, notably Russia's invasion of Ukraine and spiralling food, energy and economic crises, the technical discussions meant to lay the groundwork for key United Nations negotiations later this year were mired in disagreements.
Representatives of nearly 200 countries arrived in the city of Bonn buoyed by the ambition displayed six months ago during the UN COP26 negotiations in Glasgow, where countries rallied around the urgent threat of climate change.
"After that sense of emergency had been established, probably the expectations were very high," said Preety Bhandari, senior climate adviser at the World Resources Institute.
But the meeting produced little tangible progress, even on the emissions-cutting ambitions that countries have agreed are needed to meet the Paris agreement goal of limiting warming to preferably 1.5 degrees Celsius.
Finance is an ongoing sore point, with a promise of $100 billion a year from 2020 to help developing countries adapt to a warming world still not met.
Another flashpoint at the talks has been the slow pace of work on "loss and damage", the accelerating onslaught of impacts already being felt by vulnerable countries, like floods, heatwaves and storms.
Developing nations want a specific funding "facility" to help poor countries least responsible for climate change to cope with its impacts.
But that call has been rejected by wealthy nations, particularly the European Union and United States, who have said funding can be channelled through a network of existing humanitarian, development and climate organisations.
As the Bonn talks wrapped up, developing countries lined up to convey their displeasure at the slow progress on loss and damage, which is now being dealt with as a rolling "dialogue" that will end in 2024 with no clear outcome emerging.
They want the issue to be on the agenda at the COP27 meeting in Sharm el-Sheik in November.
Pakistan's representative, speaking on behalf of the G77 and China major developing countries, said the group was "dissatisfied", while Zambia, speaking on behalf of Africa, said they were "concerned by the lack of progress".
"We are disappointed by the lack of substantive progress," said the representative of Antigua and Barbados speaking on behalf of the Alliance of Small Island States (AOSIS).
He said countries were still waiting for assurances that "the finance we need now will be delivered at speed, or any time by 2025".
- 'Hypocritical' -
Wealthy nations are concerned about any suggestion of legal liability that would put them on the hook for billions, if not trillions.
The European Union told delegates it had "engaged constructively" and promised to continue.
But campaigners say the current system puts the economic burden on the shoulders of the most vulnerable.
Harjeet Singh, Senior Climate Impacts Adviser, at Climate Action Network International said the EU "consistently blocked" discussions around finance for loss and damage and accused the bloc of having a "hypocritical stance".
"If the EU wants to step up as a climate champion it needs to align with the most vulnerable in their fight for justice," he said.
Bhandari said work on cutting emissions could stall if countries do not give more weight to both adaptation and mitigation, adding that it would be up to political leaders to reignite the momentum in the run up to the UN meeting in Egypt.
Nearly 1.2 degrees Celsius of warming since the mid-nineteenth century has been enough to unleash a torrent of disasters across the planet.
Alden Meyer, senior associate at E3G, said it has reached "boiling point" as impacts mount, adding that countries can also see the billions that the US and EU are mobilising for the Ukraine conflict.
"It's not a matter of the money's not there. It's a matter of priorities," he told AFP.
"And if you're saying climate is an existential crisis, and yet you're treating other things as much more important in terms of where you're putting your money, that doesn't go unnoticed."
C.Smith--CPN